Why Invest in Solar for your home
With electricity prices on the rise the unlikely outcome of traditional energy providers reducing these costs in the foreseeable future, millions of Australians are now living in homes with solar photovoltaic (PV) systems on their rooftops. On top of the financial benefits to you, Solar also offers an environmentally friendly alternative for your energy needs.
Is Solar worth my while?
Before making the decision to install solar, it is important to consider whether the investment will be worthwhile for you. As the cost of solar has fallen, so have government incentives. A number of different factors affect payback periods and whether you should go solar. The most benefit is gained by ‘self- consumption’ – that is, offsetting the higher retail tariff that you would pay by using power generated by your system instead of drawing power from the grid. So, you should consider your household electricity consumption before deciding if Solar is for you